Financial Markets Rally On The Susan Boyle Factor

SUSAN Boyle Watch: Anorak’s looks at Britain’s Got Talent agonist Susan Boyle in the news and how she is helping the financial markets rally. It’s the Boyle Bounce!

What do equity rallies have in common with the whizzing around in cyberspace of the latest Youtube sensation — a clip of Britain’s Got Talent contestant Susan Boyle wowing the judging panel of Simon Cowell, Amanda Holden and Piers Morgan?

So asks Izabella Kaminska in the Financial Times. It turns out that the question is rhetorical - Kaminska knows:

So, just as the unemployed Susan Boyle is storming the states with her unexpectedly inspirational rendition of “I dreamed a dream”, equity markets appear to be putting in a not dissimilar  inspirational performance — leading many market commentators to profess the recession may in fact be over and done with.

But a word of caution:

Will reality come to bite the dream she dared to dream, so to speak? The same prospect surely stalks the current market rally - a hard dose of reality already coming in the shape of the latest IMF report.

Susan Boyle is all things to all hacks…

Susan Boyle Secret Picture Gallery

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Pictures: Susan Boyle Naked
Demi Moore Twitters Susan Boyle
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Anorak

Posted: 18th, April 2009 | In: Money, Susan Boyle Comment | Follow the Comments on our RSS feed: RSS 2.0 | TrackBack | Permalink